Minnesota Democrats strike a deal on rebate checks, credits and Social Security tax cuts

Democrats struck a deal Wednesday on a $3 billion plan to send one-time tax rebate checks of $260 to 2.5 million Minnesotans, create a new tax credit they hope will slash childhood poverty rates and exempt many seniors from taxes on their Social Security income.

Local governments also will see a boost in aid to keep property taxes down and help cover public safety costs.

Not everyone will see a tax cut under the bill, and some corporations and wealthier Minnesotans will pay more.

https://www.startribune.com/minnesota-democrats-strike-a-deal-on-rebate-checks-credits-and-social-security-tax-cuts/600275819/